Consider the Following Time Series Data A)10443
B)12
C)9)443
D)12

Consider the following time series data.Suppose that you use exponential smoothing with an alpha of 0.7 to fit a forecasting model.The forecast for period 7 is
$$\begin{array} { | c | c | c | } \hline \text { Period } & \text { Forecast } & \text { Actual value } \\\hline \text { Period 1 } & 10 & 10 \\\hline \text { Period 2 } & 10 & 11 \\\hline \text { Period 3 } & 10.7 & 9 \\\hline \text { Period 4 } & 9.51 & 12 \\\hline \text { Period 5 } & 11.253 & 13 \\\hline \text { Period 6 } & 12.476 & 11 \\\hline\end{array}$$

A) 10.443
B) 12
C) 9) 443
D) 12.443
E) 11.443

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